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GLD
SPDR Gold Trust ETF - NYSEARCA

7/10/2014, 2:55 AM ET
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  • Strong Evidence Of Gold Outperforming Stocks This Year
    Josh Arnold Yesterday, 6:58 AM 14 Comments

    Summary

    • Gold has underperformed stocks enormously over the past three years.
    • I believe a bottom in the ratio of gold to stocks has formed.
    • Upside is huge with very limited downside, suggesting the time to get long gold in relation to stocks is now.
  • SPDR Gold Trust ETF: Bulls Still Cautious At The Highs
    Richard Cox Mon, Jul. 7 16 Comments

    Summary

    • Jobs data supports Fed's underlying rate outlook.
    • Positives and negatives exist, but caution remains warranted with GLD at elevated levels.
    • Watch the Dollar as a precursor to trend changes in the metals ETFs.
  • GLD: Potential Whipsaw Ahead
    Avi Gilburt Mon, Jul. 7 109 Comments

    Summary

    • Not all consolidations are the same.
    • Commercial traders have gone hugely bearish.
    • Upcoming week's expectations.
  • No, Gold Is Not A Hedge Against A Financial Crisis
    Robert Singarella Jr. Tue, Jul. 1 52 Comments

    Summary

    • Gold did not act as a hedge against the 2008 financial crisis.
    • The price of gold is highly sensitive to interest rates. The relationship is sufficiently strong that a model can be constructed to calculate gold prices in terms of interest rates.
    • If gold were acting as a hedge, a premium should be observed, indicating that other factors are pushing the price beyond what interest rates can justify.
    • Analysis shows gold was trading at a significant discount to its expected value given the interest rates during the crisis.
  • Was Last Week 'The Pause That Refreshes' For Gold And Silver?
    Tim Iacono Sun, Jun. 29 17 Comments

    Summary

    • Remarkably, both gold and silver prices ended the week almost exactly where they began last week, but that is not likely to happen again in the days ahead.
    • The silver rally has been very impressive as some investors have returned and both metals now await new catalysts after the June rally.
    • Interest rate talk from the Fed, rising inflation, dollar weakness, and developments in China and India could all play a role in where metal prices go from here.
  • Is The Rally In Gold Sustainable?
    ONeil Trader Tue, Jun. 24 42 Comments

    Summary

    • Inflation in the U.S. is finally picking up, which bodes well for precious metals.
    • New geopolitical issues have caused increased demand for gold and silver.
    • A look at the long-term seasonality chart reveals where gold might be headed in the next couple of months.
  • Is It Time To Buy Gold Now?
    Bill Gunderson Tue, Jun. 24 40 Comments

    Summary

    • Typically in times of crisis, investors pile into gold.
    • Last week, trading on the Iraq news, gold was up $22 an ounce.
    • But is now the right time to buy gold, or should investors be buying "black gold" instead?
  • GLD: Maybe It's Time To Go Long?
    Avi Gilburt Sun, Jun. 22 339 Comments

    Summary

    • Are you thinking about going long GLD now?
    • The bottom in metals may still have not been seen yet.
    • Upcoming weeks' expectations.
  • The World Cup Runneth Over With Blood - Make Your Cup Golden
    Markos Kaminis Fri, Jun. 20 14 Comments

    Summary

    • Geopolitical havoc has returned to the market, but is serving gold well due to its safe haven characteristics and its importance as mankind's default currency.
    • The gold ETF, the SPDR Gold Trust (GLD) is supported here as Russia wages a war on the dollar and as uncertainty hangs over Iraq and the Middle East.
    • The SPDR Gold Trust (GLD) is my favored hedge here, as it offers a better match against the uncertain timeline we are dealing with versus the levered ETFs.
  • Canadian Discounts On Gold And Other Precious Metals (June Update)
    Fred Piard Thu, Jun. 19 12 Comments

    Summary

    • GLD and SLV broke out above the 200-day sma.
    • This article makes no prediction -- it shows where investors can buy more metal for their money.
    • The discounts in Canadian funds are sharply down.
  • Bank Of England's Quarterly Report: Are We Quietly Seeing Central Banks Repatriate Their Gold?
    Hebba Investments Thu, Jun. 19 52 Comments

    Summary

    • Bank of England's Quarterly Report shows that the bank held 5485 tonnes of gold for 72 central bank customers.
    • The gold holdings of the bank have dropped over 750 tonnes year-over-year with no reported central bank selling.
    • This suggests that we may be seeing large amounts of gold repatriation, which is exactly what happened when Bretton Woods broke down.
  • Will Iraq Make Gold Soar?
    Avi Gilburt Sun, Jun. 15 198 Comments

    Summary

    • Iraq is not as important as most believe for the metals direction.
    • Short side has now become more complex.
    • Upcoming weeks' expectation.
  • GLD: Why Shouldn't It Drop Further?
    Richard Cox Wed, Jun. 11 60 Comments

    Summary

    • Prior forecasts proving to be highly accurate.
    • Little reason to expect rallies in the precious metals ETFs.
    • Strong labor markets suggest that the Fed will continue with stimulus reductions.
  • Russia's War Against The Dollar Will Support Gold Long Term
    Markos Kaminis Tue, Jun. 10 33 Comments

    Summary

    • Russia is at odds with the West, and because of its understanding of its economic vulnerability, is acting to protect itself from a higher degree of economic sanctions.
    • Russia is replacing U.S. Treasuries held in its central bank reserves with gold, and it & its businesses are negotiating to settle international trade in currency other than dollars.
    • These actions should move Russia into a stronger and better insulated economic position to counter the West, and also add strong support under gold & the SPDR Gold Trust (GLD).
  • Gold And Silver: More Short-Term Pain?
    ONeil Trader Tue, Jun. 10 50 Comments

    Summary

    • With no evidence of inflation in the major world economies, gold and silver should continue to face short-term selling pressure.
    • Long-term outlook is much better given the massive inflationary policies of central banks around the world.
    • Gold and silver might test the lows of its one-year price range.
  • What Effect Will The ECB Have On Gold?
    Avi Gilburt Sun, Jun. 8 242 Comments

    Summary

    • The ECB will not effect gold as most expect.
    • Caution suggested for shorts - know your stops.
    • Upcoming week's expectations.
  • Gold Manipulation: What Investors Should Do Now
    James A. Kostohryz Fri, Jun. 6 311 Comments

    Summary

    • Barclays was recently fined in connection with a London scandal involving gold price manipulation. Promoters of conspiracy theories involving large-scale gold price suppression are claiming vindication.
    • This article explores whether the Barclays scandal does, indeed, vindicate claims of systematic price suppression in gold markets.
    • The article clearly lays out the investment implications of different types of price manipulation for gold investors and for investors in financial markets in general.
  • The Effect Of Monetary Policy On Gold Prices
    Bob Kirtley Wed, Jun. 4 22 Comments

    Summary

    • If on Thursday the ECB do reduce rates then the Euro could fall exerting upward pressure on the dollar which would be negative for gold.
    • We can look to the summer doldrums or ‘sell May and go away’ investors to account for gold's fall but the truth is that this tiny sector is in decline.
    • The NFP numbers and the actions of the ECB will make for a volatile end to this week.
  • Why Gold Spiked But Then Faded On Monday
    Markos Kaminis Mon, Jun. 2 21 Comments

    Summary

    • The SPDR Gold Trust (GLD) spiked this morning around the 10:00 am release of the ISM Manufacturing data, which also sent stocks lower.
    • ISM later revised its reported figure to a sanguine result, which countered the initial move in the GLD and stocks.
    • Through the remainder of the day, last week's depressing trend continued to pull weight, and I believe ongoing expectations for improved economic data will weigh against the GLD short-term.
  • Are There Any 'New' Catalysts To Cause Gold To Rally?
    Avi Gilburt Sun, Jun. 1 235 Comments

    Summary

    • The Indian election was the latest non-bullish event.
    • Know the difference between a corrective pattern and a bullish pattern.
    • Upcoming week's expectations.
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GLD vs. ETF Alternatives
GLD Description
The objective of the SPDR® Gold Trust† is for the Shares to reflect the performance of the price of gold bullion, less the Trust's expenses.
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